Tag: financial news India
Posted in Economy
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
Posted in Economy
India seeks Lok Sabha nod for ₹41,455 crore additional spending in FY26
The government on Monday sought Parliament’s nod for net additional spending of Rs 41,455 crore in the current fiscal, which includes over Rs 18,000 crore…
Posted in Economy
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…